morning, Thanks, review always begin X. pleasure It's of a spend to results hour together. and everyone. corporate good I'll slide Mark our on this with a
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impact consistent delever in our trade cash. $XXX of headwinds of XXXX. the should stockholders cash that, Fibers' about and and same bolt-on to deleveraging, cash needed to XX, the market in half first as maintain deploy tow increasing the dividends quarter the and acetate we'll than in managing volume We've did the of by $XXX use For nice and of quarter, I'll assume from market billion EBIT to cash underlying we year to issues as of free funding to continue repurchases track and remain committed Therefore, XXXX. cash we growth On solid to always our for returned to first through investment-grade absence an on remain range. share the the the offset job textile million add Priorities remain we we expect flows flow full a for the $X.X of rating slide $XXX expect sheet million the China I'll first balance to in greater will share deliver fully cost-reduction In corporate actions. our plus that repurchases. declines likely between use from highlights. we we you be year, dividend with financial remainder M&A an the this some the million will credit balance in and our transition
the year XX%. with quarter expectation I'll tax to full XX.X% was between effective Our in back rate to that, roughly Mark. our of turn consistent With over first it XX%
